(For a stay weblog on European shares, sort LIVE/ in an Eikon information window)
* FTSE 100 largely unchanged, FTSE 250 down 0.1%
* Oil majors greatest increase to principal bourse
* Ted Baker outperforms midcap index
July 22 (Reuters) – London’s principal index held regular on Monday as oil heavyweights rose amid heightened tensions within the Center East, whereas vitality agency Centrica fell on reviews of a dividend reduce and Ted Baker was in demand after a number of media reviews of takeover plans.
The FTSE 100 index of bluechip corporations was flat at 0710 GMT, whereas the FTSE 250 midcap index was 0.1% decrease.
Oil majors Royal Dutch Shell Plc and BP Plc have been increased, monitoring positive aspects in crude costs on considerations that Iran’s seizure of a British tanker final week might result in provide disruptions within the Center East.
Power firm Centrica Plc slumped 1.5% after the Occasions reported that the corporate was set to chop its dividend and put its oil and gasoline enterprise up on the market.
Amongst midcaps, Ted Baker Plc added 3.2% after the Occasions reported here that the corporate’s founder Ray Kelvin was contemplating plans to again…